Analysis of new financial markets By zts method Analysis based on Fibonacci and Smart Money patterns
In this currency pair, our trend is a downward trend, so we are looking for sell orders Now the price is in the range of 1.9312. In terms of attractiveness, the range is not so attractive for selling. I expect the price to reach the range of 1.9620, then it will be attractive for selling. Personally, I will wait for the price to reach that range and if it is confirmed, I will be a market seller with a loss limit of 1.9970 and a profit limit of 1.8602.
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Traders, if you like this idea or if you have any comments about it, I would be happy to write your comments.
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